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    cobalt investing

    Drilling on Formation Metals’ Uranium Project to Commence in June

    Investing News Network
    May. 30, 2011 07:35PM PST
    Battery Metals Investing

    Formation Metals Inc. (TSE:FCO) reports its final results from the Virgin River uranium project 2010 drill program.

    Formation Metals Inc. (TSX:FCO) reports its final results from the Virgin River uranium project 2010 drill program.

    The press release is quoted as saying:

    The joint venture has approved a budget of $3 million for continued drilling on the Virgin River project for 2011, expected to commence in early June. Over $26.8 million has been spent on the project to date exploring for a large unconformity-type deposit that has resulted in the discovery of the Centennial Deposit.

    Click here to access the entire news release. 

    Click here to access Formation Metals’ company profile.

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